California Resources (CRC) Revenue & Revenue Breakdown
California Resources Revenue Highlights
Latest Revenue (Y)
$2.81B
Latest Revenue (Q)
$518.00M
Main Segment (Y)
Marketing And Trading
California Resources Revenue by Period
California Resources Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.81B | -13.66% |
| 2022-12-31 | $3.26B | 27.02% |
| 2021-12-31 | $2.56B | 59.42% |
| 2020-12-31 | $1.61B | -40.25% |
| 2019-12-31 | $2.69B | -12.08% |
| 2018-12-31 | $3.06B | 46.14% |
| 2017-12-31 | $2.10B | 19.57% |
| 2016-12-31 | $1.75B | -27.05% |
| 2015-12-31 | $2.40B | -42.42% |
| 2014-12-31 | $4.17B | -2.61% |
| 2013-12-31 | $4.29B | 5.21% |
| 2012-12-31 | $4.07B | 3.43% |
| 2011-12-31 | $3.94B | - |
California Resources generated $2.81B in revenue during NA 2023, up -13.66% compared to the previous quarter, and up 91.84% compared to the same period a year ago.
California Resources Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $518.00M | -14.66% |
| 2023-12-31 | $607.00M | -8.58% |
| 2023-09-30 | $664.00M | 18.57% |
| 2023-06-30 | $560.00M | -42.97% |
| 2023-03-31 | $982.00M | 20.64% |
| 2022-12-31 | $814.00M | -7.71% |
| 2022-09-30 | $882.00M | 4.13% |
| 2022-06-30 | $847.00M | 18.46% |
| 2022-03-31 | $715.00M | 1.13% |
| 2021-12-31 | $707.00M | -0.84% |
| 2021-09-30 | $713.00M | 25.31% |
| 2021-06-30 | $569.00M | -1.22% |
| 2021-03-31 | $576.00M | 35.21% |
| 2020-12-31 | $426.00M | 4.16% |
| 2020-09-30 | $409.00M | 46.07% |
| 2020-06-30 | $280.00M | -43.32% |
| 2020-03-31 | $494.00M | -22.57% |
| 2019-12-31 | $638.00M | -0.93% |
| 2019-09-30 | $644.00M | 1.90% |
| 2019-06-30 | $632.00M | -18.87% |
| 2019-03-31 | $779.00M | -4.77% |
| 2018-12-31 | $818.00M | -7.26% |
| 2018-09-30 | $882.00M | 23.18% |
| 2018-06-30 | $716.00M | 10.66% |
| 2018-03-31 | $647.00M | 8.56% |
| 2017-12-31 | $596.00M | 16.86% |
| 2017-09-30 | $510.00M | 7.82% |
| 2017-06-30 | $473.00M | -8.51% |
| 2017-03-31 | $517.00M | 3.19% |
| 2016-12-31 | $501.00M | 6.60% |
| 2016-09-30 | $470.00M | 8.05% |
| 2016-06-30 | $435.00M | 35.09% |
| 2016-03-31 | $322.00M | -43.11% |
| 2015-12-31 | $566.00M | -9.58% |
| 2015-09-30 | $626.00M | -1.26% |
| 2015-06-30 | $634.00M | 9.88% |
| 2015-03-31 | $577.00M | -29.63% |
| 2014-12-31 | $820.00M | -24.91% |
| 2014-09-30 | $1.09B | -4.21% |
| 2014-06-30 | $1.14B | 1.69% |
| 2014-03-31 | $1.12B | 3.80% |
| 2013-12-31 | $1.08B | -2.44% |
| 2013-09-30 | $1.11B | 5.43% |
| 2013-06-30 | $1.05B | 0.19% |
| 2013-03-31 | $1.05B | - |
California Resources generated $518.00M in revenue during Q1 2024, up -14.66% compared to the previous quarter, and up 63.64% compared to the same period a year ago.
California Resources Revenue Breakdown
California Resources Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Sale Of Electricity | $261.00M | $172.00M | - | - |
| Product and Service, Other | $40.00M | $33.00M | - | - |
| Marketing And Trading | $314.00M | $312.00M | - | - |
| Propane | - | - | $179.00M | - |
| Natural Gas, Production | - | - | $207.00M | - |
| Oil and Condensate | - | - | $1.88B | - |
| Public Utilities Inventory Propane | - | - | - | $260.00M |
| Natural Gas Production | - | - | - | $220.00M |
| Oil And Condensate | - | - | - | $2.11B |
California Resources's latest annual revenue breakdown by segment (product or service), as of Dec 22: Marketing And Trading (51.06%), Sale Of Electricity (42.44%), and Product and Service, Other (6.50%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural Gas, Production | $48.00M | $61.00M | $117.00M | $82.00M | $32.00M | $34.00M | $26.00M | $38.00M | $52.00M | $50.00M | $43.00M | - | - | - | - | - | - | - | - | - |
| Propane | $49.00M | $47.00M | $59.00M | $76.00M | $29.00M | $32.00M | $26.00M | $36.00M | $47.00M | $34.00M | $39.00M | - | - | - | - | - | - | - | - | - |
| Oil and Condensate | $348.00M | $402.00M | $441.00M | $431.00M | $176.00M | $246.00M | $193.00M | $356.00M | $451.00M | $457.00M | $496.00M | - | - | - | - | - | - | - | - | - |
| Product and Service, Other | - | - | $7.00M | $15.00M | $1.00M | $5.00M | $21.00M | $4.00M | $10.00M | $13.00M | $4.00M | - | - | - | - | - | - | - | - | - |
| Sale Of Purchased Natural Gas | - | - | $72.00M | $184.00M | $113.00M | $75.00M | $32.00M | $95.00M | - | - | - | - | - | - | - | - | - | - | - | - |
| Sale Of Electricity | - | - | $34.00M | $68.00M | $88.00M | $49.00M | $34.00M | $65.00M | $33.00M | $33.00M | $15.00M | $43.00M | $19.00M | $13.00M | $38.00M | $16.00M | - | - | - | - |
| Marketing And Trading | - | - | - | - | - | - | - | - | - | - | $48.00M | $98.00M | - | - | - | - | - | - | - | - |
| Interest | - | - | - | - | - | - | - | - | - | - | - | - | $3.00M | - | - | - | - | - | - | - |
| Marketing, Trading, and Other | - | - | - | - | - | - | - | - | - | - | - | - | $38.00M | $16.00M | $51.00M | - | - | - | - | - |
| Marketing and Trading Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $50.00M | - | - | - | - | - | - |
| Trading Income From Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.00M | $38.00M | - |
| Public Utilities Inventory Propane | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.00M |
| Natural Gas Production | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $62.00M |
| Oil And Condensate | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $480.00M |
California Resources's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Oil and Condensate (78.20%), Propane (11.01%), and Natural Gas, Production (10.79%).
California Resources Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PHX | PHX Minerals | $37.60T | $8.12M |
| CHRD | Chord Energy | $3.90B | $1.26B |
| CIVI | Civitas Resources | $3.48B | $1.31B |
| MTDR | Matador Resources | $2.82B | $855.20M |
| CRC | California Resources | $2.81B | $518.00M |
| CRK | Comstock Resources | $1.57B | $186.28M |
| CNX | CNX Resources | $1.51B | $321.44M |
| MGY | Magnolia Oil & Gas | $1.23B | $336.73M |
| GPOR | Gulfport Energy | $1.05B | $238.09M |
| BRY | Berry | $903.46M | $197.82M |
| GPRK | GeoPark | $756.60M | $167.42M |
| GRNT | Granite Ridge Resources | $394.07M | $90.65M |
| EPSN | Epsilon Energy | $30.73M | $7.31M |
CRC Revenue FAQ
What is California Resources’s yearly revenue?
California Resources's yearly revenue for 2023 was $2.81B, representing a decrease of -13.66% compared to 2022. The company's yearly revenue for 2022 was $3.26B, representing an increase of 27.02% compared to 2021. CRC's yearly revenue for 2021 was $2.56B, representing an increase of 59.42% compared to 2020.
What is California Resources’s quarterly revenue?
California Resources's quarterly revenue for Q1 2024 was $518M, a -14.66% decrease from the previous quarter (Q4 2023), and a -47.25% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $607M, a -8.58% decrease from the previous quarter (Q3 2023), and a -25.43% decrease year-over-year (Q4 2022). CRC's quarterly revenue for Q3 2023 was $664M, a 18.57% increase from the previous quarter (Q2 2023), and a -24.72% decrease year-over-year (Q3 2022).
What is California Resources’s revenue growth rate?
California Resources's revenue growth rate for the last 3 years (2021-2023) was 9.67%, and for the last 5 years (2019-2023) was 4.46%.
What are California Resources’s revenue streams?
California Resources's revenue streams in c 22 are Sale Of Electricity, Product and Service, Other, and Marketing And Trading. Sale Of Electricity generated $261M in revenue, accounting 42.44% of the company's total revenue, up 51.74% year-over-year. Product and Service, Other generated $40M in revenue, accounting 6.50% of the company's total revenue, up 21.21% year-over-year. Marketing And Trading generated $314M in revenue, accounting 51.06% of the company's total revenue, up 0.64% year-over-year.
What is California Resources’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of California Resources was Marketing And Trading. This segment made a revenue of $314M, representing 51.06% of the company's total revenue.